ECONOMIC-REFORM AND PAY

This article reveals the effects of the economic reform and, in partic ular, of the lifting of price controls in 1992 by the Yeltzin-Gaidar g overnment, on the living standards of the Russian population. The anal ysis shows a sharp decrease in real wages. At the same time, the inter -industry and inter-regional differentiation in personal incomes has i ncreased considerably. This affects, most of all, employees on fixed i ncomes, who have had the most dramatic decline in living standards.